11 March 2024 – Tamara Liu, Senior Associate A landmark agreement signed in 2019 – The Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance (Cap. 645) (MJREO) – to allow for wide- ranging reciprocal enforcement of judgments between Hong Kong and mainland China finally came into force on […]
Tamara Liu, Senior Associate 18 January 2024 In the second week of 2024, Hong Kong’s first live streaming of a hearing in the Court of Final Appeal as part of test run went smoothly – clear sound with a stable signal. It was part of the Judiciary’s initiative to enhance […]
Introduction Hong Kong has recently introduced significant alterations to its stamp duty regulations, aimed at reshaping property transactions and encouraging a more favorable environment for both buyers and sellers. The amendments, effective from October 25, 2023, come with several noteworthy modifications: Lower the rate Ad Valorem Stamp Duty (AVD) AVD, […]
Background In November 2022, a new artificial intelligence (“AI”) chatbot called ChatGPT was launched and aroused extensive attention worldwide. ChatGPT is an AI chatbot that can interact conversationally with users by offering detailed responses to any of users’ inquiries. Once user poses a question, ChatGPT will generate the answers detailly […]
What is SPAC? A Special Purpose Acquisition Company (SPAC) is a company with no operations and business whatsoever (i.e. blank check company), and is set up in order to acquire and transition a private company into a public one. The practice before was to raise capital through an initial public offering […]
1. Introduction In light of the prevalence of biotechnology in such an era o innovation and technology, the Hong Kong Stock Exchange (“the Exchange”) published Chapter 18A of the Main Board Listing Rules (“Chapter 18A”) on 24 April 2018. The introduction of Chapter 18A aims to assist pre-revenue Biotech companies […]
Hong Kong has long established itself as an international financial centre and favourable destination for both tourists and businesses. To enhance the competitiveness of Hong Kong in the global market, the Immigration Department has a series of policies to attract talent and capital into the region. These immigration schemes are […]
Background The new Limited Partnership Fund Ordinance (the “New Ordinance”) came into force on 31 August 2020. The New Ordinance renewed the local statutory regulations over private equity and venture capital accounts. The private equity sector was previously governed by the Limited Partnership Ordinance, enacted in 1912, which was often […]
It was an unforgettable and a touching moment that I met my learned Prof. Michael Jackson at the 198th Congregation ceremony at the University of Hong Kong. He interviewed and admitted me to the Faculty of Law, HKU over 30 years ago, when I was still a teenager. He is […]
